The reason people do not want to invest in crypto

[Slow death]

[...]

Let's be sincere and honest here, People do not have facilities in the purchase of bitcoin, this is a hard reality, I personally to buy bitcoin I have to take many steps and pay many fees, it is not easy to take money from the bank and buy bitcoin, at least in many countries. I pay $30 of fee every time I wanted to buy bitcoin.

I think a huge amount of people are still unknown or not well-known to crypto.People don't understand crypto somehow that's a common reason.Secondly, crypto currencies are banned in some ccountries so they don't even though to watch it twice.Thirdly, some people can't trust it because it's not controlled by anyone.

are very valuable points, and many people who have money will not invest in something that their governments do not encourage

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[marciks]

the only reason is because our banks din't crash yet.. some day everything will be pure chaos and the only ones with some cripto will prevail!!

[Innerpumper]

1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

I think they don't want the investment because


-not interested
-do not understand about the ICO or Cryptocurrency
-fear bubble if occurred

[Indrawan77]

The one that I encountered was

1. Crypto investments are too volatile, sometimes the price moving is too deep, it's a very risky investment
2. A lot of scammed project, so many people already got scammed by the ICO, even if we mention that they don't do the research properly they will still blame crypto
3. There is a chance the government going to banned crypto, every government now has been put a lot of focus on crypto, because of a bunch of people using crypto for bad things, maybe the government is going to banned it

Not all people can accept the new things, so we can't blame them to not believe in crypto

[tuansemazi]

Another cause is that in many countries governments consider bitcoin to be illegal. So many people do not dare invest in the crypto fear of law

[icohunter1024]

The most prominent tokens are gathering behind the potential of the blockchain
Blockchain itself developed from the idea that the current banking system is incomplete. In particular, there is the perception that banks are collecting too many fees by mediating, and that banks take too long to confirm and resolve transactions, especially in the context of multinational transactions. it may take up to 5 business days. Blockchain solves this problem by dealing with faster transactions (sometimes in real time), as well as breaking the bank completely when the transaction costs go down a lot.

It should be pointed out that blockchain has a lot of applications in the non-monetary context. It can also be used to manage supply chains, create digital IDs, maintain loyalty programs for retailers, and more.
 
Of course, the block chain needs a long way to go, but people need vision to see the long-term potential of blockchain.

[Scallywag]

The tax situation is the same tax nightmare that any day trader for stocks would have to deal with, I don't understand how people come to terms with the fact that it's NOT THAT BAD. Use a reputable exchange and they'll hold the information to make taxes a breeze / or as close to one as they can with their records on you.

People don't want to invest in crypto because it's as volatile as penny stocks, people want traditional investments with traditional returns. That's the best for them, I don't know why you'd be mad about what people invest in.

If you use crypto currency, you will have to pay taxes unequivocally. But I think that most of the users of crypto currency do not announce their profits and their activities. Therefore here taxation has nothing to do with it. Another possibility of investing in the crypto currency is the investment of crypto currency in the crypto currency. And because today there is a low price, so far no one is doing it.

it also depends on the country you live in , in the USA the taxes on crypto are horrible and it is understandable if that holds hem back. but since it is different in every country i agree that it is not the taxation holding people back.

[mk4]

the only reason is because our banks din't crash yet.. some day everything will be pure chaos and the only ones with some cripto will prevail!!

Wishful thinking. Don't really expect banks to go out of business just that easily. If anything, expect crypto to coexist with banks. As much as how good cryptocurrencies are in "being your own bank", some people would still prefer using banks for better protection of their funds.

[lablab03]

In addition with reasons noted above, I can notice also that many people have fear because the crypto volatilty and the market unstability, they dont want to risk their real money in such conditions. Some other people just have wrong and fake ideas about Bitcoin and crypto currencies in general and even they think that they are a sort of ponzi scheme.

yes that true,  and also because of being lack of knowledge , which is the reason why they don't want to jump on it, and also because of being known as a scam around the internet most people nowaday afraid to make an investment , even though its a fake news . So we cannot blame those who are always easily fall on that kind of stuff 'cause perhaps this kind of manner is not for them.  Lol

[cheezcarls]

1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

As far as I know, massive adoption is yet to come. It is why most of us are still skeptical about cryptocurrency, as it is very high in volatility that could cause a huge crash or bull run on top of the tax nightmare. Yes, we know about it, but I think we have to look at the positive side of it that would benefit us in the long term. To be honest, I am in favor of the crypto regulation where we all need to be protected from fraud, just like what the Savedroid did with their unprofessional PR stunt.

[JehJeh121]

for me there are three reasons why they do not want to invest in crypto
1. they have not known crypto
2. they are not interested
3. they are afraid to invest after losses

I agree with you but I will add some reasons that I think why they dont invest in crypto. Maybe they heard a bad news or rumors about crypto and cryptocurrency is also unstable and risky investment but very profitable.

[cheeseandcrackers]

I think a big reason is the general media, such as national or even local news channels on TV, have been talking about how it's this hugely negative thing.  I know quite a few people who only get their news from TV and they almost universally think cryptocurrency is a stupid idea that will fade away one day.  I personally think the media gets fed lies from people who are terrified of this technology replacing their industry, big banks.  Just speculation, but the Chase CEO does nothing but publicly talk shit about bitcoin.

[Rollkal]

Because their price fluctuations can often buy high prices but sell at extremely low prices so some people are afraid of this market. and some scams about fraudulent projects and hackers scrounging their wallet.

[Ridwan Fauzi]

The real reason is that they are scared from the new. Like there were scared to invest in internet at first, for example.

And the other reason is, everyone's investment interest is lacking. They only focus on getting the money by working in the company and can be paid. They don't think christically to think of other ways to earn money. Moreover investing in bitcoin who cannot be seen by the invisible eye so that they will deride it. This is that happened in my country, maybe now the effect of cryptocurrency especially bitcoin has not been felt by the community, sooner or later they will regret it.

[Commie]

All they hear in the media about crypto is either how bad it is being used in black market or how many scams are out there with ICOs, exchange hacks, wallet hacks and whatnot. I'm not surprised people are hesitant.

[FsJsxy]

The main reason is that people do not want to take risks and waste their nerves, they are more important than health. The craving for easy money does not lead to anything good, in the end people lose everything.

[knightmairesaint]

The one that I encountered was

1. Crypto investments are too volatile, sometimes the price moving is too deep, it's a very risky investment
2. A lot of scammed project, so many people already got scammed by the ICO, even if we mention that they don't do the research properly they will still blame crypto
3. There is a chance the government going to banned crypto, every government now has been put a lot of focus on crypto, because of a bunch of people using crypto for bad things, maybe the government is going to banned it

Not all people can accept the new things, so we can't blame them to not believe in crypto

Honestly one reason from your list is good enough to scare someone from investing.  We can't blame if other people won't believe this blockchain technology because it is not often that you will find something like this to get your income from. It is hard for them to believe and it can be their loss.

Investing crypto will not be easy especially if you don't have patience.  The volatility of the coins and the news which is mostly bad will get into our nerves and if you can't handle it,  consider yourself loosing before even starting.

[Jake2134]

I totally agree on what you said but for me the main reason is the lack of security and they are scared because of the big up and downs they will loose alot not gain.

[Ranly123]

1. Blockchain has a long way to go to be a practical solution
Businesses will not miss the opportunity until the technology demonstrates its scalability. However, this can not be proven in the real world until the companies make the leap and produce a concrete result, not an experiment. Moreover, not all industries will benefit from blockchain, while other industries may face a costly and time-consuming conversion process so they choose blockchain over a network. now available.
2. Too easy to join
The real concern with a low barrier to participation is that there is no way to ensure that this technology will not become obsolete for several months. This is another reason why businesses have not implemented blockchain technology. Why invest in a blockchain while only a few months later will have a better blockchain next generation? Replacing and upgrading can be costly and time consuming.
3. Very few tangible means value of crypto.
One of the biggest misconceptions with digital currency is its mass acceptance of tokens, meaning that they are successful. Unfortunately, using a virtual currency does not necessarily generate revenue or profit for developers behind the token. Furthermore, blockchain technology tends to hold long-term potential values, not the token itself. Therefore, buying into a token that does not actually acquire ownership in the base blockchain does not make sense to the investor.
4. Tax situation is a nightmare
Investing in the crypto algorithm means that you need to track the increase and decrease in capital for each transaction. Even using your token to purchase goods and services will also serve as a taxable service, in line with the Tax Administration's tax guidelines.

That could be some of the reasons but as far as I have observed, people refrain from investing in crypto mainly because on the lack of knowledge. Others think that crypto lacks on security due to it's high volatility and a very risky investment.

[Roukawa]

The only reason why people do not want to invest in cryptk is the ignorance. All of the factors you've listed is the root of ignorance. If all people are aware on how cryptocurrency works and what will be the boon and bane of crypto in the economy and individual then we are not fear to lend our money to it.
If we have knowledge about scam and legitimate ICO then there will be no scammers around. We are all able to invest in crypto without hessitating that our money will lose.